Ai-Media Closes Q1 FY23 With Positive Cash Flow
Multilingual captioning provider, Ai-Media, enters new fiscal year with increased revenue, renewed exclusive agreement with big tech, new partnerships.
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Live Meeting Transcription Startup, Airgram, Raises USD 10m in Series A
Airgram raises USD 10m in series A from four investors; plans expansion of R&D, services, and offices.
Slator Pro Guide: Finding Growth in Adjacent Services
25-page Slator Pro Guide: Finding Growth in Adjacent Services for LSPs helps identify new opportunities for growth. Includes analysis of barriers to entry, synergies, and risks.
Ai-Media Turns EBITDA-Profitable as Acquisitions Pay Off
After years of losses, multilingual captioning provider, Ai-Media, turns EBITDA-profitable as 2021 acquisition of EEG drives revenue growth.
VIQ Narrows Half-Year 2022 Loss on Acquisitions, Yet Stock Remains Under Pressure
Transcription provider VIQ Solutions posts strong top-line growth; narrows losses on back of acquisitions. Shares remain under pressure with market cap down to less than USD 30m.
Slator Pro Guide: Finding Growth in Adjacent Services
Pro Guide for LSPs to identify growth opportunities in adjacent services. Profiles 15 adjacent services, analyzing barriers to entry, risks, and synergies.
After 70% Drop in Shares Since 2020 IPO, Ai-Media Bags Google Contract
Ai-Media inks three-year USD 3.5m contract to provide live captions and translation services to Google employees. Deal win provides welcome reprieve after steep share drop since IPO.
Verbit Acquires UK Transcription and Localization Services Company Take 1
Transcription and live translated captioning unicorn, Verbit, buys localization and access services provider, Take 1.
USD 4.8m Private Placement for Canadian Transcription Company VIQ Solutions
Two shareholders have purchased more than 3.55 million shares of publicly traded company, VIQ Solutions, which has grown via recent acquisitions to offer translations and voice-overs.
thebigword Owner Susquehanna Leads Speechmatics’ USD 62m Series B
Speech-to-text company Speechmatics raises USD 62m; declines “frothy” valuation; aims for GBP 100m in annual recurring revenues.
Zoom Launches Translation Feature — But Only for Business Users
Zoom business users can now have their meetings transcribed, translated, and captioned in real time into and out of English from any of 10 languages.
Transcription Unicorn Verbit Buys UK Market Research Specialist Take Note
US-based transcription and captioning unicorn, Verbit, acquires market research specialist, Take Note, in the UK to expand note-taking and meeting-minutes service.
Captioning and Translation Provider Ai-Media Grows 29% in First Half 2022
Captioning and translation provider Ai-Media grew 29% to AUD 29.6m in the first half of 2022, led by technology revenue shift, growth in North America, and Broadcast customers.
Captioning and Translation Provider Ai-Media Grows 25% in Q2 2022
Australia-based transcription, translation, and captioning provider Ai-Media reports revenues of AUD 14.7m (USD 10.5m) for the second quarter of 2022.
Automatic Sync Technologies Next in Verbit’s Acquisition Spree
Multilingual transcription startup Verbit plans to draw on Automatic Sync Technologies’ expertise in education and government verticals; eyes new European markets and future deals.
Media Localizer Take 1 to Acquire Transcription Provider Verb8tm
Localization and access services provider Take 1 to acquire transcription and captioning company Verb8tm to expand US presence and boost tech offering.
Ai-Media Talks to Investors About Risks and Opportunities of Automated Captioning
Ai-Media presentation highlights the risks and opportunities in the automated captioning market, and discusses their sweet spot among broadcast and enterprise customers.
How CTOs Can Ensure Security, Stability Amid Media Localization Boom
Media companies that believed nothing could replace on-prem, in-studio localization pivoted during the pandemic. Here’s one system that attracted the attention of CTOs in the space.
Verbit Stuns Language Industry With USD 250m Series E; Startup Valued at USD 2 Billion
Verbit, the Palo Alto-based multilingual transcription company, closes a USD 250m series E — which valued the company at USD 2bn less than six months after its unicorn-making series D.
Dutch Transcription Startup Amberscript Raises USD 10m in Series A
Dutch transcription, speech recognition, and subtitling startup Amberscript raises USD 10m from Endeit Capital, a growth capital firm founded by former Endemol Media executives.
Translation and Captioning Provider Ai-Media Grows 35% in Q1 2022
Australia-based captioning, translation, and transcription provider Ai-Media grew 35% in the first quarter of 2022, as SaaS products drive deal wins and margins improvements.
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